Your analogy doesn't fit here. There is no scenario where accessing the accounts of 14,000 banking clients would then blow up to several million clients' accounts. Any bank that even offered this "feature" would, yes, be at fault.
There seems to be some transitiveness going on here. Let's go with the banking scenario: I give my son access to my checking account, and I also give my business partner access. My son is a dumbass, and uses the same password for everything. Now my business partner's info is taken. His parents get hacked as well.
From 14,000 to 7,000,000 is quite the amplification. That's on 23andMe and nobody else.